Standby letters of credit : a comprehensive guide
Author(s)
Bibliographic Information
Standby letters of credit : a comprehensive guide
（Finance and capital markets）
Palgrave Macmillan, 2008
- : hbk
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Note
Includes index
Description and Table of Contents
Description
A guide that tackles this vital financial instrument from a practical as well as legal perspective. Augmented with numerous real life cases, the book addresses the exact procedures undertaken by global banks in handling standby letters of credit transactions whilst providing an article by article interpretation of the ISP98
Table of Contents
Foreword Preface Acknowledgement An Overview: Standby Letters of Credit General Provision: Rule 1 - ISP98 Obligations: Rule 2 - ISP98 Presentation: Rule 3 - ISP98 Examination: Rule 4 - ISP98 Notice, Preclusion and Disposition of Documents: Rule 5 - ISP 98 Transfer, Assignment, and Transfer by Operation of Law: Rule 6 - ISP 98 Cancellation: Rule 7 - ISP 98 Reimbursement Obligation: Rule 8 - ISP98 Timing: Rule 9 - ISP98 Syndication/Participation: Rule 10 - ISP98 Types and Uses of Standby Letters of Credit Roles and Responsibilities Risk Management Fraud Detection and Prevention Presentation and Settlement Index
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